Abstract: There have been advancements in project management in recent years. However, issues with cost overruns have remained a significant factor in this industry. Therefore, the purpose of this paper is to identify the main causes of the budget increases in Libyan construction projects as well as the Key Success Elements that can help prevent the occurrence of these causes. This study reviewed the literature to identify the main causes of construction projects going over budget. Additionally, a review of some recent KSE literature has been done by the research. These studies concentrate on the variables that affect the overall cost performance of building projects. In order to address this, the researcher developed a list of KSEs and recommended additional research......
Keywords: Budget Overruns, Key Success Elements, Budget performance.
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